Some six percent of Europeans per day use credit cards online, mostly to buy clothes and shoes, according to Masterindex statistics. Although more and more consumers show interest in online payments, they worry about fraud, which could slow down ecommerce globally.
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Last Friday (April 14, 2017), just before Easter, an egg was laid by The Shadow Brokers, a group that hopped into the spotlight in mid-2016. This time, the group dropped an especially colorful release, in the form of Eternalblue.
Some 59% of directors report that their boards find it challenging to oversee cyber risk, and only 19% report that their boards possess a high level of knowledge about cybersecurity, according to a study by the National Association of Corporate Directors.
Some 53 percent of IT execs in the US perceive cloud as more secure than on-premise infrastructure, while the majority in Germany and the UK trust their own data centers most, according to a Bitdefender survey of more than 500 IT decision makers at companies in the US, the UK and Germany with more than 1,000 PCs.
Enterprise security and IT executives who are not concerned about ransomware threats today are probably in the midst of some sort of denial.
Some 90 percent of organizations will shift massively toward hybrid infrastructure capabilities in the next three years, according to advisory company Gartner. The shift reinforces the growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO).
As Bogdan Botezatu wrote in his post Here Come Software-Defined Data Centers - What are the Security Implications? — the software defined data center is here to stay and is expected to grow from $25.61 billion in 2016 to $83.21 billion by 2021, at nearly a growth rate of about 30% annually.
When companies suffer a data breach, employees are usually key in enabling hackers to access to the infrastructure to steal sensitive information. In spite of billion-dollar efforts to bolster corporate security and educate employees, Internet users in the US still have little knowledge about basic cybersecurity, according to a recent Pew Research survey.
Organizations have been facing an increase in sophisticated cyberattacks attributed to governments or corporate and financial espionage. What’s striking is that it takes companies an average of 5 months to detect a data breach, easily enough to incur even crippling losses.
We’ve been starting to write more about the software-defined data center here at Business Insights because it’s become clear this is where enterprise networks are quickly moving. While software-defined networking gets all of the headlines — Network Functions Virtualization (NFV) is a big part of the software-defined data center.
Wrongly considered the new kid on the block by some enterprises, virtualization technology has been around for a decade and embraced by many technology-oriented businesses due to its flexibility and room for expansion, increased productivity, superior storage capacity, and lower costs, among others.
More than 1.4 billion data records are estimated to have been compromised in 2016 as a direct result of data breaches, spawning an 86 percent increase compared to 2015, according to a Gemalto’s Breach Level Index. With organizations continuously being targeted by cybercriminals either with sophisticated advanced threats or through infrastructure vulnerabilities, the main driver behind these attacks is often related to financial gains or gratification.